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Canberra keeps Qantas in Aussie hands

But it agrees to a compromise that will ease foreign investment curbs

Published Wed, Jul 16, 2014 · 10:00 PM
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[SYDNEY] The Australian government yesterday abandoned plans to allow struggling national carrier Qantas to be majority overseas-owned but agreed to a compromise that will see foreign investment restrictions eased.

Qantas has been lobbying for help after a A$235 million (S$273 million) loss in the six months to Dec 31 and a decision to slash 5,…

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